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Dec 25, 2012
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it urges government action to improve the situation of the minority and to protect all their human rights including their right to nationality. the clash betweenees first erup may. thousands of people have been displaced since june. clashes have become more severe since october when at least 84 people were killed and more than 120 were wounded. many buddhists in mean man view the muslims as illegal aliens from bangladesh. the government does not recognize them as citizens. bangladesh refuses to grant citizenship status. >>> that will wrap up our bulletin for today. >>> artists have tried since 1945 to make sense of the atomic bombings in japan. one of them, the menga comic artist has sadly passed away. he died of lung cancer at 73. he survived hiroshima himself as a child and worked tirelessly to deliver a powerful message for world peace. nhk world has more. >> reporter: barefoot gen is a story of a boy who survived the atomic bomb on hiroshima. author keiji nakazawa was 6 when he lost his father and two siblings in the bombing, but he avoided the topic in his first manga comics. survivo
it urges government action to improve the situation of the minority and to protect all their human rights including their right to nationality. the clash betweenees first erup may. thousands of people have been displaced since june. clashes have become more severe since october when at least 84 people were killed and more than 120 were wounded. many buddhists in mean man view the muslims as illegal aliens from bangladesh. the government does not recognize them as citizens. bangladesh refuses to...
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Dec 26, 2012
12/12
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so authorities are taking action. nhk world's takafumi terui has the report. >> reporter: red lights don't stop these pedestrians. and crossings, who needs them? as for drivers, when they change lanes, they barely give a thought to other motorists. not a day goes by in chinese cities without a traffic accident. >> translator: when i am in a hurry, i cross streets even against red lights if there are no cars. >> translator: in china we have only one way to cross. if we all go at once, the green light is as good as on. >> translator: pedestrians have bad manners, but cyclists are the worst. they go too fast. >> reporter: chinese police conducted a survey of 10,000 people. they released their findings in november. almost 7 out of 10 people say they've ignored traffic lights. what did they do when people on foot tried to use a crosswalk without a signal? fewer than 30% of respondents say they would give the right of way and stop to allow pedestrians to cross. almost 40% say pedestrians should wait until the car has passed
so authorities are taking action. nhk world's takafumi terui has the report. >> reporter: red lights don't stop these pedestrians. and crossings, who needs them? as for drivers, when they change lanes, they barely give a thought to other motorists. not a day goes by in chinese cities without a traffic accident. >> translator: when i am in a hurry, i cross streets even against red lights if there are no cars. >> translator: in china we have only one way to cross. if we all go...
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Dec 27, 2012
12/12
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the outer market is geared more towards visitors and tourists who also want a piece of action. you'll find more than 300 mom and pop shops and little eateries, all known to provide the most affordable, freshest foods from the inner market. the sights, sounds and tastes of japanese cuisine have attracted international visitors for years. >> it's very traditional, a good experience. >> reporter: but time is running out on tsukiji as we know it. the inner market which includes the famous tuna auction will be moving to a new home by spring 2015. local traders want to attract as many people as possible in the short time left. so they've cooked up a few ideas to help foreigners experience the traditional market one last time. and to lure back tourists they lost after last year's disaster. the outer market information center now has volunteers, who will offer english guidance services. >> these are the oldest and the traditional sushi shops. >> okay. >> reporter: organizers say tsukiji was never meant to be a tourist spot but it gradually became one by word of mouth. for them to provi
the outer market is geared more towards visitors and tourists who also want a piece of action. you'll find more than 300 mom and pop shops and little eateries, all known to provide the most affordable, freshest foods from the inner market. the sights, sounds and tastes of japanese cuisine have attracted international visitors for years. >> it's very traditional, a good experience. >> reporter: but time is running out on tsukiji as we know it. the inner market which includes the...
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Dec 26, 2012
12/12
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chairman of the chamber of commerce and industry said in a comment that he hopes for strong economic action to spur growth and he called for measures to hold japanese currency at the 90 yen level against the dollar. >>> one of the major issues of the new government will be its involvement in monetary policy, taken by the central bank to end deflation and hold back the yen's advance. abe is urging the badge of japan to set an inflation target of 2%. he thinks if the central banks takes large-scale monetary easing measures, the country's economy would be revitalized. abe believes such measures would spur expectations for economic growth anded three a weaker yen and higher stock prices. bank of japan policymakers are scheduled to discuss issues, including the 2% inflation target, at their meeting next month. >>> the abe administration is facing another big challenge, how to carry out its pledges to improve japan's economy while at the same time controlling government spending. concerns are mounting as the country entered a recession. this means the economy shrank for two straight quarters. the
chairman of the chamber of commerce and industry said in a comment that he hopes for strong economic action to spur growth and he called for measures to hold japanese currency at the 90 yen level against the dollar. >>> one of the major issues of the new government will be its involvement in monetary policy, taken by the central bank to end deflation and hold back the yen's advance. abe is urging the badge of japan to set an inflation target of 2%. he thinks if the central banks takes...
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Dec 13, 2012
12/12
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eye 172
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so i think it's danger to take action by simplistic thinking way. i hope both japan and china, dealing with issue very calmly. >>> authorities in north korea have provided a boost for their leader and they've uncreased their threat to their neighbors. they say they succeeded in launching a rock tote put a satellite into space. officials in south korea, japan and the u.s. say the north koreans actually fired off a long-range missile. >>> the state broadcaster has played this video repeatedly throughout the past day. it's the first time they released a video filmed at the actual launch site. previously they showed images from the screen at the control facility. >> translator: even countries with developed satellite technology have had many failed launches but we learned from the failure in april. we launched today's rocket with a conviction to succeed. >> the first stage fell into the yellow sea west of the korean peninsula. the nose cover fell a short distance beyond that. the second stage dropped into the pacific ocean east of the philippines. >>> a
so i think it's danger to take action by simplistic thinking way. i hope both japan and china, dealing with issue very calmly. >>> authorities in north korea have provided a boost for their leader and they've uncreased their threat to their neighbors. they say they succeeded in launching a rock tote put a satellite into space. officials in south korea, japan and the u.s. say the north koreans actually fired off a long-range missile. >>> the state broadcaster has played this...
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Dec 28, 2012
12/12
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. >> translator: this exhibition is meant to show the barbaric actions of israel against women and children. >> reporter: hamas leaded have viewed as a recession against israel. >> translator: the armed struggle against israel is our path to freedom. >> reporter: a new perfume also hit the stands selling more than 2,000 bottles. its named after the rockets fired against militants in israeli cities. >> translator: i'm proud our rockets can target israel in naming a perfume after them was a great idea. >> reporter: the violence left deep in the minds of children. nearly 50 received counseling at this facility. they are encouraged to write down or draw pictures of their anxieties. then the children put their messages into what counselors call a stress box. >> translator: what stands out the most are pictures of air strikes or tanks that illustrate the children's fears. >> reporter: 12 years old, he survived an israeli air strike that destroyed his home. his twin brother died before his very eyes. he lives in a rented apartment with his mother and sister. >> translator: my son has become defian
. >> translator: this exhibition is meant to show the barbaric actions of israel against women and children. >> reporter: hamas leaded have viewed as a recession against israel. >> translator: the armed struggle against israel is our path to freedom. >> reporter: a new perfume also hit the stands selling more than 2,000 bottles. its named after the rockets fired against militants in israeli cities. >> translator: i'm proud our rockets can target israel in naming a...
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Dec 5, 2012
12/12
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. >> translator: we also agreed that the international community should take firm action if north korea goes ahead with the launch. >> sugiyama said he hopes to visit beijing to discuss the matter with chinese officials. >> they're ignored warnings over the year when they went ahead with a launch that ended in failure. covering the korean peninsula, we see why leaders in the north are pushing ahead despite opposition. >> reporter: the ballistic missile launch will be the second since kim jong-un took power a year ago. it will use the same launch pad, a site in the northwestern part of the country. before the first testing, officials said the three-stage rocket was meant to carry a satellite. but japan and the u.s. and south korea said the launch was about a missile test. the launch was a missile test. the test ended in failure with a rocket exploding in mid-air two minutes after. it fell into more than ten pieces and fell into the ocean. analysts say the leader wants to collect his failures before the first anniversary of his father's death on december 17th. kim may be trying to consoli
. >> translator: we also agreed that the international community should take firm action if north korea goes ahead with the launch. >> sugiyama said he hopes to visit beijing to discuss the matter with chinese officials. >> they're ignored warnings over the year when they went ahead with a launch that ended in failure. covering the korean peninsula, we see why leaders in the north are pushing ahead despite opposition. >> reporter: the ballistic missile launch will be the...
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Dec 19, 2012
12/12
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about 60% support the action of the chinese drivers. an academic who took part in the debate says singaporians need to reflect on how the society treats foreign workers. >> we have created more problems, more barriers, to proper integration. by bringing in a lot of chinese in extremely large numbers, we haven't really been making much effort to integrate the newcomers. >> reporter: my grant workers from china and elsewhere have helped support singapore's remarkable growth. as china gains economic might of its own, singapore needs to consider their demands for better treatment seriously in order to retain its position as a beacon of success. mark ho, nhk world, singapore. >> and that's going to wrap up our bulletin for today. i'm patchari raksawong in bang cox. >>> u.s. defense secretary says the united states will station f-35 stealth jets in five years. >> we are also enhancing our presence and capabilities in the region. that includes laying the groundwork for the first overseas deployment of the f-35 joint strike fighter in 2017. >>
about 60% support the action of the chinese drivers. an academic who took part in the debate says singaporians need to reflect on how the society treats foreign workers. >> we have created more problems, more barriers, to proper integration. by bringing in a lot of chinese in extremely large numbers, we haven't really been making much effort to integrate the newcomers. >> reporter: my grant workers from china and elsewhere have helped support singapore's remarkable growth. as china...
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Dec 20, 2012
12/12
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. >> reporter: he thinks that a balanced and well thought out action plan is necessary to get out of deflation. >> we have to get out, but in order to get out you have to raise taxes. also, avoiding the weak economy. so you have to have the right policy mix to gradually increase taxes and at the same time, use part of the revenue to stimulate the economy. but the net effect has to be declining budget deficit. so you need this policy mix, increasing taxes and then use part of tax to stimulate the economy, but cut the budget deficit. that is a very delicate balance. >> reporter: are there other growth strategies that the administration can do? >> they can increase the growth of the japanese economy, the growth rate of the japanese economy, we have to increase the population, working age population. now working age population is declining by about 1% per year. so even if we can achieve more productivity growth higher than the united states. achievable trend growth rate is only 0.5%. you have to increase the growth rate to stimulate the economy, we have to get more migration. >>> thousan
. >> reporter: he thinks that a balanced and well thought out action plan is necessary to get out of deflation. >> we have to get out, but in order to get out you have to raise taxes. also, avoiding the weak economy. so you have to have the right policy mix to gradually increase taxes and at the same time, use part of the revenue to stimulate the economy. but the net effect has to be declining budget deficit. so you need this policy mix, increasing taxes and then use part of tax to...
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Dec 12, 2012
12/12
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they say they'll pursue strong action through the u.n. security council. the head of the japanese affairs bureau spoke by phone with the u.s. special representative on north korea, glen daveys and south korea's chief negotiator. they agreed that the launch clearly violates u.n. security council resolutions that ban north korea from launching any rockets using ballistic missile technology. japanese ambassador to the u.n. said he has asked the security council to take up the issue. the council has decided to hold an emergency meeting on wednesday. the world has been focusing on one of north korea's few allies in asia. nhk world's takafumi reports from beijing on china's response. >> reporter: chinese foreign minister spokesperson condemned the launch in a routine news conference. >> translator: it's regrettable that north korea went ahead with the launch despite the international community's close attention. as a member of the united nations, the north has the obligation to respect security council resolutions. >> reporter: but the chinese official expressed
they say they'll pursue strong action through the u.n. security council. the head of the japanese affairs bureau spoke by phone with the u.s. special representative on north korea, glen daveys and south korea's chief negotiator. they agreed that the launch clearly violates u.n. security council resolutions that ban north korea from launching any rockets using ballistic missile technology. japanese ambassador to the u.n. said he has asked the security council to take up the issue. the council...
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Dec 21, 2012
12/12
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opposition to the competition pushed the administration to take action. it launched a new organization to mediate complaints and it asked big firms to think about their impact. >> translator: small companies are pushed to the edge by the expansion of business by big companies. we are trying to find an agreement on what sort of business should be taken care of by big companies and by small companies. >> reporter: some sort of change can't come soon enough. a bakery chain with ties to a conglomerate is planning to open a new location just 600 meters away from his shop. >> translator: we all take turns and sit in this tent for two hours each to protest. >> reporter: he fears he could lose one-third of his sales so he has joined protests. >> translator: there's no way for us to survive when rich people open stores every where without considering poor people like us. >> reporter: that's what he and others in south korea want from their next president. a little consideration. they recognize the conglomerates have helped the country's economy grow but growth sho
opposition to the competition pushed the administration to take action. it launched a new organization to mediate complaints and it asked big firms to think about their impact. >> translator: small companies are pushed to the edge by the expansion of business by big companies. we are trying to find an agreement on what sort of business should be taken care of by big companies and by small companies. >> reporter: some sort of change can't come soon enough. a bakery chain with ties to...
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Dec 31, 2012
12/12
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some groups are even calling for more radical action. an official at the israeli defense department says they'll continue easing a blockade if the cease fire holds. >>> just as authorities in israel announced the indictment of former foreign minister avigdor lieberman. he faces charges of fraud and breach of trust. lieberman is accused of trying to promote a diplomat who relayed information to him about his political funding. he resigned two weeks ago after being informed of the charges. he said he would prove he's innocent. lieberman leads a far right party which has formed a coalition with benjamin netanyahu's likud party. lieberman is running in parliamentary elections next month. netanyahu called a snap election, hoping to take on strong support in opinion polls. still those polls show some some supporters have shifted to another far right party. >>> the united nations and arab league envoy to syria says there will be no end to the civil war there if the two sides refuse to talk. our reporter met with president al asad. >> reporter:
some groups are even calling for more radical action. an official at the israeli defense department says they'll continue easing a blockade if the cease fire holds. >>> just as authorities in israel announced the indictment of former foreign minister avigdor lieberman. he faces charges of fraud and breach of trust. lieberman is accused of trying to promote a diplomat who relayed information to him about his political funding. he resigned two weeks ago after being informed of the...
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Dec 4, 2012
12/12
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they're also expected to discuss plans of action in case the launch happens. the diplomats are likely to request the security council to issue a strong condemnation. >>> police in central japan are trying to find some clues as to why a highway tunnel collapsed. they've searched the headquarters of the company that operates the highway. police suspect officials with central nippon expressway of professional negligence resulting in injury or death. officers also searched a maintenance facility and four other locations. hundreds of concrete panels fell from the tunnel's ceiling on sunday. they crushed three vehicles. nine people were killed. expressway officials say some of the bolts used to attach panels to the ceiling became loose. workers completed the tunnel in 1977. company officials say they have no records to indicate any bolts were ever replaced. they say crews only conducted visual checks. experts studying the collapse say the fact that the concrete ceiling slabs were connected may have been the reason so many of them came crashing down. central nippon e
they're also expected to discuss plans of action in case the launch happens. the diplomats are likely to request the security council to issue a strong condemnation. >>> police in central japan are trying to find some clues as to why a highway tunnel collapsed. they've searched the headquarters of the company that operates the highway. police suspect officials with central nippon expressway of professional negligence resulting in injury or death. officers also searched a maintenance...
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Dec 29, 2012
12/12
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. >> translator: this exhibition is meant to show the barbaric actions of israel against women and children. >> reporter: hamas leaded have viewed as a recession against israel. tens of thousands of their sp supporters gathered to celebrate. >> translator: the armed struggle against israel is our path to freedom. >> reporter: a new perfume also hit the stands selling more than 2,000 bottles. its named after the rockets fired against militants in israeli cities. >> translator: i'm proud our rockets can target israel in naming a perfume after them was a great idea. >> reporter: the violence left deep in the minds of children. nearly 50 received counseling at this facility. they are encouraged to write down or draw pictures of their anxieties. then the children put their messages into what counselors call a stress box. >> translator: what stands out the most are pictures of air strikes or tanks that illustrate the children's fears. >> reporter: 12 years old, he survived an israeli air strike that destroyed his home. his twin brother died before his very eyes. he lives in a rented apartment wit
. >> translator: this exhibition is meant to show the barbaric actions of israel against women and children. >> reporter: hamas leaded have viewed as a recession against israel. tens of thousands of their sp supporters gathered to celebrate. >> translator: the armed struggle against israel is our path to freedom. >> reporter: a new perfume also hit the stands selling more than 2,000 bottles. its named after the rockets fired against militants in israeli cities. >>...
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Dec 27, 2012
12/12
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KCSM
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market players are buying up dollars and selling the yen on the yeps the bank will take action. the pair is quoted at 87.75 to 76. earlier in new york the kou oh touched a high against the yen. dealers are closely monitoring how the negotiations on the u.s. fiscal cliff will progress. they resume later in the day. the euro is trading at 113.43 to 48 against the yen. the european currency has risen to a 17-month high. in other markets in the asia pacific region, south korea is trading a touch lower at 1,980. in australia the benchmark index is trading just a touch higher up 1/5 of a percent at 4,643. the new finance minister says the issuance of more government bonds may be needed to secure funds for the fiscal 2012 supplementary budget. his comment follows the prime minister's inauguration. >> the former government failed to pull japan out of deflation. it's important for the public to feel japan's economy has improved. >> aso said he doesn't have to abide by the ceiling of $515 billion for bond issuance set by the former government. on the issue of a consumption tax hike schedu
market players are buying up dollars and selling the yen on the yeps the bank will take action. the pair is quoted at 87.75 to 76. earlier in new york the kou oh touched a high against the yen. dealers are closely monitoring how the negotiations on the u.s. fiscal cliff will progress. they resume later in the day. the euro is trading at 113.43 to 48 against the yen. the european currency has risen to a 17-month high. in other markets in the asia pacific region, south korea is trading a touch...
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Dec 5, 2012
12/12
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KCSM
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activists in china say tuesday's police action suggest the party is still trying to stifle creditism under shi's new leadership. social activists use the internet to out leaders for corruption and treating the under class urn fairly. the leaders see this as a threat to control and clamp down on some websites. persistent chinese are still finding ways to speak out. >> reporter: in china more than 500 million use the web. they have a broad internet community. >> translator: the stock prices and the foreign sites for financial information. >> translator: i simply cannot live without my smartphone. >> reporter: also, they make some sites off limits. on the chinese site we enter a wall. the internet has given life to new movements. this is a former airport employee. now he is an internet reporter and three years ago explored production by government officials and he wants to correct injustice on social programs. like-minded people support his activities, but he has caught the eye of authorities and now they watch him. >> translator: the internet gives you lots of information and you can d
activists in china say tuesday's police action suggest the party is still trying to stifle creditism under shi's new leadership. social activists use the internet to out leaders for corruption and treating the under class urn fairly. the leaders see this as a threat to control and clamp down on some websites. persistent chinese are still finding ways to speak out. >> reporter: in china more than 500 million use the web. they have a broad internet community. >> translator: the stock...
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Dec 13, 2012
12/12
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participants are buying dollars due to receding worries after the fed's action. they are hoping the bank of japan will take action at its upcoming policy meeting next week. euro yen quoted at 108.22 to 99. japan's nikkei average went above 9700 at one point. a weaker yen and the u.s. fed's policy decision that's what's lifting a wide range of issues here in tokyo. let's take a look at other asian markets open now. we are seeing seoul's kospi up and over in australia the benchmark is trading unchanged at 4,583. we'll see where trading takes us throughout the rest of the day. greece is buying back bonds. it exceeds the 30 billion euro target. greece had been seeking investors willing to accept at 30 to 40% of the bond's face value. the program is designed to reduce the debt burden. analysts estimate greece will be able to shave about 20 billion euro's off its debt. this will clear the way for greece to receive a new infusion of more than 43 billion euros in aid from the eu and other principal lenders. the organization of petroleum export and countries held a genera
participants are buying dollars due to receding worries after the fed's action. they are hoping the bank of japan will take action at its upcoming policy meeting next week. euro yen quoted at 108.22 to 99. japan's nikkei average went above 9700 at one point. a weaker yen and the u.s. fed's policy decision that's what's lifting a wide range of issues here in tokyo. let's take a look at other asian markets open now. we are seeing seoul's kospi up and over in australia the benchmark is trading...
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Dec 22, 2012
12/12
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KCSM
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eye 186
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opposition to the competition pushed the administration to take action. it launched a new organization to mediate complaints and it asked big firms to think about their impact. >> translator: small companies are pushed to the edge by the expansion of business by big companies. we are trying to find an agreement on what sort of business should be taken care of by big companies and by small companies. >> reporter: some sort of change can't come soon enough. a bakery chain with ties to a conglomerate is planning to open a new location just 600 meters away from his shop. >> translator: we all take turns and sit in this tent for two hours each to protest. >> reporter: he fears he could lose one-third of his sales so he has joined protests. >> translator: there's no way for us to survive when rich people open stores every where without considering poor people like us. >> reporter: that's what he and others in south korea want from their next president. a little consideration. they recognize the conglomerates have helped the country's economy grow but growth sho
opposition to the competition pushed the administration to take action. it launched a new organization to mediate complaints and it asked big firms to think about their impact. >> translator: small companies are pushed to the edge by the expansion of business by big companies. we are trying to find an agreement on what sort of business should be taken care of by big companies and by small companies. >> reporter: some sort of change can't come soon enough. a bakery chain with ties to...
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121
Dec 14, 2012
12/12
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KRCB
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major central bank leaders are beefing up the coordinated action to secure confidence in global financial markets. they're extending a program that makes it easier for commercial banking to borrow money. taking part are the u.s. federal reserve and the european central bank as well as the central banks of canada, britain and switzerland. the leaders agreed to extend the foreign currency liquidity swap by one year. the arrangement was set to expire next february. the bank of japan whether to join the plan at the policy meeting next week. it was introduced last november when commercial banks had trouble getting money from the markets due to the european credit concerns. the bank leaders say their decision shows they're taking all possible measures to ease global financial strains. >>> more business headlines for you next hour. here's a check on markets. >>> north korea's state-run media say the country's media oversaw the highly publicized launch this week. others say it was actually a long-range ballistic missile test. they say kim jong-un ordered the launch of the satelte a 8:00 a.m. on w
major central bank leaders are beefing up the coordinated action to secure confidence in global financial markets. they're extending a program that makes it easier for commercial banking to borrow money. taking part are the u.s. federal reserve and the european central bank as well as the central banks of canada, britain and switzerland. the leaders agreed to extend the foreign currency liquidity swap by one year. the arrangement was set to expire next february. the bank of japan whether to...
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Dec 11, 2012
12/12
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KRCB
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the international community should take serious action against north korea if it goes ahead with the law firm. north korea domestic media have not reported the plan to launch a rocket. >>> hillary clinton wants to persuade leaders to take a different path. she's appealing to china for help. ate departnt spokespson said clinton spoke by phone with foreign minister. >> the question was what influence china could bring to bear on the dprk to see reason and focus on the develop of their country and feeding of their people rather than on ballistic launches. >> deputy secretary of state william burns is scheduled to meet tuesday in washington. >>> a search for active earthquake faults near japan's nuclear power plant may lead to the scrapping of one of them. implications run deep. >> reporter: 17 commercial nuclear plants and one major test reactor have been built in japan. the nuclear regulation authority was formed after last year's disaster to monitor their safety. experts at the authority are trying to determine if any of the reactors lie above active fault lines. the tsuruga plant in
the international community should take serious action against north korea if it goes ahead with the law firm. north korea domestic media have not reported the plan to launch a rocket. >>> hillary clinton wants to persuade leaders to take a different path. she's appealing to china for help. ate departnt spokespson said clinton spoke by phone with foreign minister. >> the question was what influence china could bring to bear on the dprk to see reason and focus on the develop of...
WHUT (Howard University Television)
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Dec 18, 2012
12/12
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WHUT
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he's putting his words into action. shinzo abe has gotten straight to the point with bank of japan governor. the ldp leader made a direct push for the bank to aim for a higher inflation target. boj governor visited ldp headquarters on tuesday. during their meeting abe urged him to consider setting up policy accord for 2% inflation target after the new administration is established. he declined to elaborate on his discussion with abe. the central bank's policy meeting starts from wednesday. abe repeatedly called for bold monetary easing during his election campaign to help defeat deflation but the boj governor stressed the central bank has been providing the largest amount of market liquidity among advanced countries, implying the boj has already taken sufficient monetary easing. abe told business leaders he plans to pull through on promises and pull japan out of inflation. >> translator: we have to beat deflation, curb the strong yen and grow jobs. we'll do anything to grow the japanese economy. i deeply believe revivin
he's putting his words into action. shinzo abe has gotten straight to the point with bank of japan governor. the ldp leader made a direct push for the bank to aim for a higher inflation target. boj governor visited ldp headquarters on tuesday. during their meeting abe urged him to consider setting up policy accord for 2% inflation target after the new administration is established. he declined to elaborate on his discussion with abe. the central bank's policy meeting starts from wednesday. abe...
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Dec 7, 2012
12/12
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CNBC
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he said no one's factored in that the buzzard oilfield has been out of action. so we were going to get a sharp drop in industrial output, much worse than expected. and with manufacturing output, as well. so, yes, those numbers are much worse than expected. it is dragging sterling down to 160.127, but it is down to the buzzard oilfield being out of action. the key thing here, giles, is that it will do, though, is probably weigh in on the q4 numbers. doesn't matter why, but that it will impact gd. and we'll be getting headlines of triple dip. >> it's interesting in the chancellor autumn statement, really stressing that a lot of the weakness in the recovery in the uk has been due to the oil and gas sector and indeed to banking. so saying focusing on the rest of the economy. so this is as it were monthly noise, but it emphasizes how volatile that component is. >> look at the industrial numbers for germany, and here we are with a pretty awful southwest industrial numbers for the uk, but of course things aren't what they seem because of the fluctuations in shut downs
he said no one's factored in that the buzzard oilfield has been out of action. so we were going to get a sharp drop in industrial output, much worse than expected. and with manufacturing output, as well. so, yes, those numbers are much worse than expected. it is dragging sterling down to 160.127, but it is down to the buzzard oilfield being out of action. the key thing here, giles, is that it will do, though, is probably weigh in on the q4 numbers. doesn't matter why, but that it will impact...